Economy

1096 readers

79 users here now

Lemmy Community for economy, business, politics, stocks, bonds, product releases, IPOs, advice, news, investment, videos, predictions, government, money, politics, debate, current trends and more.

founded 2 years ago

MODERATORS

sv1sjp@lemmy.world

UPS to cut 20,000 jobs as it prepares to halve Amazon shipments (archive.ph)

submitted 1 day ago by fake_meows@lemm.ee to c/economy@lemmy.world

9 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] ArmoredThirteen@lemmy.zip 1 points 1 day ago (1 children)

How long do you think before that level of inflation hits? I'm trying to move to Sweden but can't get a bank until I'm there, I'm hoping I can move my USD to SEK but don't know where to begin estimating how much time I have...

[–] MrMakabar@slrpnk.net 1 points 1 day ago

I am just some guy on lemmy, so please be careful. But since you asked, probably May a bit and June and July getting worse. However Trump can change a lot of how bad it is going to be. If he lifts most tariffs, then inflation would remain pretty decent. If however he restarts tariffs with the rest of the world, then things can get really ugly. That is pretty much what would be needed to be as bad as Argentina.

But please do not take this as investment advice. I am on the public part of lemmy and not in a White House Signal chat.